31% of companies plan to use R&D tax breaks in 2018 – KPMG

Nearly a third of companies (31 percent) plan to use the R&D tax breaks in 2018, while 64 percent intend to increased R&D spending within the next three years, according to a report published by consultancy KPMG. Out of the companies that plan to increase investments, 49 percent are going to...

Poland no. 1 in Europe in jobs created within greenfield FDI projects

Greenfield projects carried out as Foreign Direct Investments in Poland in 2017 created the highest number of workplaces in Europe, growing by 53 percent compared to 2016, according to “fDi Intelligence: Global greenfield investment trends” report. “Over 99,000 jobs makes Poland an unquestionable le...

Poland with second-highest rail passenger increase in Europe

The number of railroad passengers increased in Poland by 3.8 percent y/y in 2017, which is the second-best result in Europe, following Finland, where the growth amounted to 4.4 percent y/y. Spain came in third with a 3.5 percent increase in the number of passengers using railroad, Polish Rail Transp...

Maritime cargo transshipment volume up 23% y/y in H1 2018

The volume of cargo transshipment in Polish sea ports over the first six months of the year increased by 22.8 percent y/y to 45.3 million metric tonnes, GUS stated. The volume of all types of cargo increased, mainly FCL (full container load) cargo by 44.4 percent y/y, after a drop seen last year. Th...

Exact Systems predicts sales of over 500,000 new cars in 2018

Over 273,000 new passenger cars were sold in Polish salons in the first half of this year, 10.5 percent more than a year ago, according to the European Association of ACEA Vehicle Manufacturers. Exact Systems predicts sales of over 500,000 new cars in 2018 but emphasized the low share of individual ...

Energa with PLN 530 mln in EBITDA Q2 2018

Polish energy supplier Energa recorded PLN 530 million in consolidated EBITDA in Q2, while in the first half of the year EBITDA reached PLN 1,156 million, the company said, citing estimated data.

PFR takes over PESA, will invest PLN 300 mln

The Polish Development Fund (PFR) and PESA Bydgoszcz have signed an investment agreement under which the fund managed by PFR it will acquire nearly 100 percent of the company’s shares and will eventually invest PLN 300 million in it, representatives of PFR and PESA informed.